Business

Nintendo's profit drops from last year's pandemic boom

Japanese video game maker Nintendo's profit dropped 19% in the first half of its fiscal year from the previous year, when it received a big lift as people stuck at home by the coronavirus pandemic turned to its products.

Machine learning & AI

Scientists teach AI to predict bankruptcy

The ability to accurately assess the financial risks of dealing with a business is vital to both the economy and society. This is particularly true when forecasting bankruptcy, which can result in significant financial losses ...

Machine learning & AI

AI weather forecasting for smart farms

Researchers working on smart irrigation systems have developed a way to choose the most accurate weather forecast out of those offered in the week leading up to a given day.

Automotive

GM lifts forecast as chip shortage eases, stock hits record

Shares of General Motors Co. closed at a record high Thursday after the company said its efforts to manage the global computer chip shortage have worked better than expected, so it's financial results will improve.

Computer Sciences

A neural network improves forecasts for severe storm hazards

The National Center for Atmospheric Research (NCAR) is using artificial intelligence to run experimental forecasts for hail, tornadoes, and intense winds—storm hazards that can cause serious damage but that are notoriously ...

Business

Sony first-half net profit doubles, forecast revised up

Sony on Wednesday said net profit doubled in the April-September period and revised up its full-year forecast, citing growth in key sectors including gaming, which has been boosted by coronavirus lockdowns worldwide.

Energy & Green Tech

Wind forecasts power up for reliable energy production

Optimizing the integration of wind energy into a country's power network requires reliable forecasts of how wind speed and direction are likely to vary in time and space over the pending few hours. KAUST researchers have ...

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